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Kotomora

オープンプライス

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Meanings

1

noun

open price; discretionary price

A pricing system where the manufacturer does not set a fixed retail price, allowing each retailer to decide the selling price. Often contrasted with 定価 (list price). The term is wasei-eigo; the English equivalent is 'open price' or 'discretionary pricing'.

wasei-eigo (Japanese-coined English), from open price

See also: オープン価格 (オープンかかく)